Question: Select all that apply. The CAPM implies that: OT the only relevant measure of risk is standard deviation 11. portfolio diversification does not matter investors

 Select all that apply. The CAPM implies that: OT the only

Select all that apply. The CAPM implies that: OT the only relevant measure of risk is standard deviation 11. portfolio diversification does not matter investors are compensated for all market risk they take O IV. investors may invest in assets with expected returns lower than the riskless interest rate V no investor should invest in the risk-free asset M. the expected return on an efficient portfolio may be lower than the riskless interest rate

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